NuScale Power reapplies for DOE small modular reactor funding

NuScale Power submitted its application to the U.S. Department of Energy (DOE) for its second funding opportunity announcement for innovative small modular reactors (SMR).

NuScale’s application details its plan to achieve U.S. Nuclear Regulatory Commission (NRC) Certification in a timeframe that would support commercial operation by 2025.

The DOE announced its first funding decision in late fall of 2012. NuScale participated in this round as well.

In mid-April, NuScale reached a technological breakthrough whereby the NuScale Power Module does not require any electrical power to be able to achieve safe cooldown should the need arise.

In late June, NuScale announced the launch of the Western Initiative for Nuclear (WIN) which is a multi-western state collaboration to study the demonstration and deployment of a multi-module NuScale Small Modular Reactor (SMR) plant.

The NuScale Power Module is cooled by natural circulation, is entirely self-contained, and installed underwater and underground to maximize safety.

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